Europe is finally cobbling together a credible Greek bailout. But even a big wad of cash may not be enough to prevent another round of market mayhem.
Officials from the European Union and the International Monetary Fund said Wednesday they hope to agree this weekend with the Greek government on the terms of a bailout package. The IMF said the package could cost as much as $160 billion over three years -- well above the sums previously discussed.
Friday, April 30, 2010
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